The trading price of XpresSpa Group, Inc. (NASDAQ:XSPA) closed lower on Friday, Feb 19, closing at $2.61, -5.36% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $2.4600 and $2.6500. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 2.29. In examining the 52-week price action we see that the stock hit a 52-week high of $8.82 and a 52-week low of $0.15. Over the past month, the stock has gained 64.67% in value.
Analysts have forecast the company to bring in revenue of $11.53 Million for the quarter, with the likely lows of $12.58 Million and highs of $12.58 Million. The average estimate suggests sales will likely up by 8138.6% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2021 is $50.09 Million. The company’s revenue is forecast to grow by +2.6% over what it did in 2020.
On the technical side, indicators suggest XSPA has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently Hold.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned XSPA a recommendation rating is 1. Out of them, no one rate it a Hold, while 1 recommend Buy, whereas none assign an Outperform rating. None analyst(s) have tagged XpresSpa Group, Inc. (XSPA) as Underperform, while not any of them advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0, which symbolizes a positive outlook. A quick review shows that XSPA’s price is currently 6.72% off the SMA20 and 42.22% off the SMA50. The RSI metric on the 14-day chart is currently showing 59.08, and weekly volatility stands at 10.58%. When measured over the past 30 days, the indicator reaches 17.73%. XpresSpa Group, Inc. (NASDAQ:XSPA)’s beta value is currently sitting at 2.29, while the Average True Range indicator is currently displaying 0.31. With analysts defining $3.5-$3.5 as the low and high price targets, we arrive at a consensus price target of $3.5 for the trailing 12-month period. The current price is about 41.7% off the estimated low and 41.7% off the forecast high, based on this estimate. Investors will be thrilled if XSPA’s share price rises to $3.5, which is the median consensus price. At that level, XSPA’s share price would be +41.7% above current price.
To see how XpresSpa Group, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: XSPA stock’s performance was -5.36% in the latest trading, and -23.06% in the past year, while Teladoc Health Inc (TDOC) has traded +3.32% on the day and positioned +152.38% higher than it was a year ago. Another comparable company Novocure Ltd Ord Sh (NVCR) saw its stock close 8.22% higher in the most recent trading session but was up +104.62% in a year. Furthermore, Avantor Inc (AVTR) showed a decline of -5.36% on the day while its price kept declining at -23.06% over the past year. XpresSpa Group, Inc. has a P/E ratio of 0, compared to Teladoc Health Inc’s 0 and Novocure Ltd Ord Sh’s 2716.71. Also in last trading session, the S&P 500 Index has soared -0.19%, while the Dow Jones Industrial also saw a negative seesion, down 0% on the day.
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An evaluation of the daily trading volume of XpresSpa Group, Inc. (NASDAQ:XSPA) indicates that the 3-month average is 12.65 Million. However, this figure has increased over the past 10 days to an average of 13.18 Million.
Currently, records show that 94.03 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 0.07% of outstanding shares, whereas institutions hold 10.63%. The stats also highlight that short interest as of January 28, 2021, stood at 12.37 Million shares, resulting in a short ratio of 0.74 at that time. From this, we can conclude that short interest is 13.15% of the company’s total outstanding shares. It is noteworthy that short shares in January were up slightly from the previous month’s figure, which was 7.64 Million. However, since the stock’s price has seen +107.56% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.